While this is a good thing, paper money does not and should not be backed by gold. Let gold and other metals stand on their own.
The dollar is backed by value, it represents the natural resources, intellectual property, physical property, the labor of people, the land and numerous other values that as a whole back paper money. As long as money being printed does not exceed this value then there is no problem. With the value of america arguably between 300 and 500 Trillion dollars, there is no problem.
The inflation we see today is a direct effect of the cost of government and their incompetence. Some of their spending is legitimate. For example, without a military, each individual or town would spend more money on less effective militias that could never protect the country from invasion, causing the loss of all. However most government spending is everything from ridiculous to outright criminal and the inflation you see today is a measure of the cost of government.
Gold as an independent form of currency will protect the owner of gold from some of the inflation caused by government. Just remember Gold is not an investment, it is merely protection of buying power. If the dollar tanks and gold drops, there is no loss in buying power if the value of gold drops in dollars. Gold, just like paper money is independently representing value. Just because money drops in value does not mean what it was backing has disappeared. America's 400 Trilllion in net worth, is still there.
Haha what a joke. The warmists act like its never happened before when for most of earth history since life began, CO2 was alwaye well over this so called 400 ppm. it was 1000 ppm at the start of the PETM and went to 1500 ppm during that time 57 million years ago as an example.
80 ppm yeah right as if it was ever that low at all. Don't these fools realize there has to be a certain amount of CO2 in the atmosphere for all of the plants on this planet, you know the stuff most of the food chain depends on.
So called warming is a joke and scam if they keep claiming CO2 is the sole and only cause of warming or that it is not natural. Guess what, the human population also increased from less than 1 billion to 7 billion and growing, along with our livestock and the vast amount of HEAT we produce from our bodies to our factories.
It isnt the car's tailpipe people, its the heat coming off the radiator in that car.
But I suppose a mostly natural NOT CO2 caused warming isn't good for so called climate scientists and their political masters, you cant tax and regulate something natural or real. Invent a problem and give it a fake cause and you can tax and control all you want, so yeah I guess its CO2.